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Do you approve or disapprove of the way Trump is handling international trade?

Approve
Disapprove
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1. Patricia Pomerleau CEOExpressSelect Member
     Forum Moderator
     (8/10/2018 8:12:12 PM)
     Message ID #308992

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President Donald Trump's tariffs on imports of steel, aluminum, and some Chinese products have started pushing up prices for many US companies that rely on those items to create final products, forcing many firms to make tough decisions about where to cut costs.

Most of the financial newspapers and magazines and even the conservative cable channel are uniformly against tariffs and for free trade. Some in the administration are supportive of tariffs.

Tariff winners and losers: How Trump's trade spat could affect shoppers http://snips.ly/8235

Many large companies have for now decided to pass on those costs to consumers or absorb the losses into their profit margins. But some smaller US businesses have been forced to cut labor costs to offset the higher amounts they're paying for parts.

While the tariffs are causing acute pain for some companies, more widespread labor-market issues have not yet appeared. Trump's tariffs apply only to a concentrated number of industrial goods, and the total number of US imports hit with tariffs remains low.''

The July jobs report showed a steady increase in employment and a strong labor market, but economists have warned that business concerns about tariffs could start to weigh on hiring growth if the trade battles continue to escalate.

However, President Trump "loves tariffs" and has negatively hit some of US Farmer's biggest markets--such a soybean farmers. Senators and congressmen in his own party have taken strong positions against tariffs and say that farmers want to sell their goods in an open market. Trump's solution to the farmers was a $12 Billion bailout.

  • While US tariffs currently apply to $34 billion worth of Chinese goods coming into the US, Trump has threatened to apply tariffs to every import from China.
  • The trade war could have significant economic consequences, as China is the largest source of imports for 23 states and among the top five sources for 47.
  • It could also have political consequences, as 15 of the 23 states that count China as their top import source voted for Trump in 2016.


However, President Trump says that other countries have been unfair and have been able to get away with it and he is being the tough guy and that he will win.

  • Do you approve of the Trump Tariff actions?
  • What do you think the outcome of tariffs will be?
  • Will tariffs affect the mid term elections? What affect will they have?


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2. D Robb
     (8/10/2018 8:58:48 PM)
     Message ID #308995

This message is in response to Patricia Pomerleau ( message id #308992 )  View All Related Messages

trump has a very shaky basis for his imposition of tariffs. He is basing it on “national security”, but his actions so far seem contrary to national security. Eventually, the WTO may intervene if enough nations complain.
Worse yet, I do not see any strategy for his actions. His steel tariffs have helped a small minority of workers in steel plants, but have already hurt a larger number of manufacturing workers and farmers and consumers.
We have given the keys to an expensive, high-powered sports car to an eleven year old. The results will not be good.
I think the mid-terms will be a referendum on trump, and the results are already partially in. trump voters are demoralized and Democrats and Independents are energized.

3. Michael O'Neill
     (8/10/2018 9:26:10 PM)
     Message ID #308997

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He has no qualifications to make decisions such as these, and he won't listen to anyone who does. He's filed bankruptcy at least six times. The only tax return of his we've seen, he lost a billion dollars. If he had done nothing with his father's money but put it in S&P, he'd be worth three times what he's worth now, if he's even worth what he claims, which, because he claims it, is probably a lie.

But we don't have to approve or disapprove. The numbers are coming in. Layoffs and closures are starting.


Is Icahn pulling his strings? Only thing that makes sense.

4. Noel Meyer
     (8/10/2018 9:50:10 PM)
     Message ID #308998

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I would like to hear from Trump's supporters what they think and how they think the mid-term elections will be impacted should the layoffs and plant closures increase.

a. Trump already spread the story that the Russians will interfere in the mid-term elections to help the Democrats so what do his white-hat supporters on the forum think?

b. North Korea - a failure
c. Russian summit - a mystery
d. Iran - a terrible failure with the NATO allies sticking by it and trading with Iran
e. Tariffs - a failure needing at least $12 billion bailout by Congress


WHERE DOES IT STOP?

When does Trump "one too many times"? When the first nukes go off or when the DEPRESSION hits the nation?

So many Republicans hate Mueller's investigation even as Mueller sends criminals to trial and gets convictions. What will it take for the Republican HOUSE to impeach Trump for failure after failure?

So take up the flag Trump supporters. DEFEND Trump's handling of international trade, and foreign policy (he cut the State Department by 33% remember). Show the non-Trump world why we should drink the Trump Kool-Aid.

5. Scott Walker
     (8/10/2018 11:47:22 PM)
     Message ID #309000

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Do you approve or disapprove of the way Trump is handling international trade?

Well, Unemployment is very low. See help wanted in all states. There have been more job openings in the U.S. than unemployed workers for many consecutive months; businesses have been telling anyone who would listen that they cannot find enough workers.
Farmers found a soy bean market, Europe folks are lowering their tariff to deal with Trump. America needs to produce their steel, in 1967 steel was consider a requirement for the Security of America. Cars are getting cheaper, why? When the Democrats took over, the steel market was handed to Japan and India, and plants closed, unions collapse and people lost their jobs. Things were difficult for the blue collar worked.

So, at this timeframe getting fair trade tariffs that eventually head towards zero or are nearly equal is a good idea. May take some time... but good for a secure America future.

6. Joseph Lischka CEOExpressSelect Member
     (8/11/2018 1:58:38 AM)
     Message ID #309001

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The Peak Pegasus is a bulk freighter loaded with $20 million in American soybeans that has been idling in the Yellow Sea off the coast of China since July 6 because it missed the tariff deadline imposed by China in retaliation to the imposition of U.S. tariffs on Chinese products. Now they are trying to figure out what to do with that shipment.

Forty percent of America’s grain supply – wheat, corn, soybeans – get transported for export down the Columbia River on barges to the grain elevators of United Grain Corp. at Port Vancouver in Washington state. 99 percent of the soybeans has been destined for shipment to Chinese ports. The barges are still getting unloaded at Port Vancouver but the elevators are filling up because there have been no bulk freighters loading at the Port Vancouver dock for at least a week.

There are also 6,000 tons of copper ore sitting on the dock at Port Vancouver that was supposed to be loaded on a ship to China. The ship scheduled to pick it up has turned around since China announced its latest round of proposed tariffs, including a 25 percent duty on copper.

There are an increasing number of empty bulk freighters sitting at anchor along the Columbia River from Astoria to Portland with nothing to do.

7. D Robb
     (8/11/2018 7:17:14 AM)
     Message ID #309002

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trump is a home alone toddler playing with matches. He has already started a conflagration that has caused a lot of damage to the US economy, and his dispute with Turkey is poised to cause a lot more.
The dispute between the United States and Turkey reverberated through the global economy on Friday, hastening a broad flight of money from emerging markets and sowing instability throughout the Middle East as relations between the NATO allies neared a breaking point.
trump appears to be pushing a critical NATO ally into the hands of putin. A lot of damage, but trump is still striking matches.

https://www.nytimes.com/2018/08/10/business/turkey-erdogan-economy-lira.html

8. D Robb
     (8/11/2018 7:24:00 AM)
     Message ID #309003

This message is in response to Scott Walker ( message id #309000 )  View All Related Messages

The reality of the trump economy: U.S. average hourly earnings adjusted for inflation fell 0.2 percent in July from a year earlier, data released on Friday showed, notching the lowest reading since 2012. “Inflation has been climbing and wage growth, meanwhile, has been flat as a pancake,” said Laura Rosner, senior economist at MacroPolicy.

9. D Robb
     (8/11/2018 7:28:55 AM)
     Message ID #309004

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What was it that trump and kim agreed to in Singapore - which one had the best haircut?
North Korea is insisting that the United States declare that the Korean War is over before providing a detailed, written disclosure of all its atomic weapons stockpiles, its nuclear production facilities and its missiles as a first major step toward denuclearization.
Two months after the bone spur cadet declared his summit meeting in Singapore with kim a complete success, North Korea has not yet even agreed to provide that list during private exchanges with Secretary of State Mike Pompeo.

10. D Robb
     (8/11/2018 7:46:54 AM)
     Message ID #309005

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trump's EPA is working to bring asbestos back. Surprise. Guess which country will benefit if it does?
https://www.vanityfair.com/news/2018/08/donald-trump-asbestos
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